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Momentus Secures $1.5M Through Convertible Note Agreement

Story Highlights
  • Momentus Inc. entered into a securities purchase agreement with Yield Point NY, LLC on September 25, 2025.
  • The agreement includes a Convertible Note and warrants, raising $1.5 million and involves various covenants and restrictions.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Momentus Secures $1.5M Through Convertible Note Agreement

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The latest announcement is out from Momentus ( (MNTS) ).

On September 25, 2025, Momentus Inc. entered into a securities purchase agreement with Yield Point NY, LLC to sell a Junior Secured Convertible Note and warrants, raising approximately $1.5 million in gross proceeds. The Convertible Note, maturing in September 2026, is convertible into shares of Class A common stock and includes various covenants and restrictions, while the Investor Warrants allow the purchase of additional shares. The agreement also includes a Registration Rights Agreement and a Security Agreement, securing the obligations with certain personal property of the company.

The most recent analyst rating on (MNTS) stock is a Hold with a $1.00 price target. To see the full list of analyst forecasts on Momentus stock, see the MNTS Stock Forecast page.

Spark’s Take on MNTS Stock

According to Spark, TipRanks’ AI Analyst, MNTS is a Neutral.

Momentus’s overall stock score is primarily impacted by its poor financial performance, characterized by declining revenues, high operating losses, and a weak balance sheet. Technical analysis provides mixed signals, with slight bearish momentum. The valuation is unattractive due to a negative P/E ratio and lack of dividend yield. These factors collectively contribute to a low overall stock score.

To see Spark’s full report on MNTS stock, click here.

More about Momentus

Average Trading Volume: 6,672,529

Technical Sentiment Signal: Sell

Current Market Cap: $14.66M

Learn more about MNTS stock on TipRanks’ Stock Analysis page.

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